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Author Topic: Bitcoin Boom to $100K Will Destroy Altcoins  (Read 1970 times)
greenclub09
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May 10, 2019, 06:56:43 PM
 #181

That is not going to happen. If btc gets to $100,000, it will certainly take the good coins along. As seen during the 2017 bull run when bitcoin touched $20,000, Ethereum reached an all time high of $1,400 and likewise other altcoins like Ripple, Neo, ltc.
I agree with you, evenwhen BTC increase to 100k$ it is not going to destroy all other altcoins because like you said altcoins are so worthy when they rise so if BTC rise, they all rise along, and because BTC is not a perfect crypto it will always has weakness for altcoins to rise and defeat BTC, as long as BTC rise in the future i believe altcoins will soon.

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May 10, 2019, 11:25:52 PM
 #182

That is not going to happen. If btc gets to $100,000, it will certainly take the good coins along. As seen during the 2017 bull run when bitcoin touched $20,000, Ethereum reached an all time high of $1,400 and likewise other altcoins like Ripple, Neo, ltc.
It will take good coins but many will also stumble. It's likely that there will be tons of altcoins that will be a sacrificial lamb so that bitcoin and other relative coins can advance to a better level. But it won't be the same as we're thinking now if bitcoin goes back to that price. Not everything that went up during the bull run can go up again if bitcoin goes literally back on bull and reach a new ceiling. Many will become bitcoin millionaires here if it reaches $100k.

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May 16, 2019, 06:51:31 PM
 #183

Altcoins can not be destroyed. Many projects have created their own blockchains and have a lot of investors. Even if bitcoin will cost $ 100,000 it will simply increase the price of all altcoins. The price of altcoins is always proportional to the price of bitcoin. So don't say anything stupid.
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May 16, 2019, 10:01:26 PM
 #184

Really the cryptocurrency getting better from the previous situation it will be acceptable by anyone right now but going with the flow is not properly done by the current situation it suddenly reduces and suddenly get up that is the problem to predict how much we can invest on a proper time.

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May 16, 2019, 11:15:52 PM
 #185

It's really a good value for the Bitcoin to reach if it possible to the end of this year but right now I don't expect a few changes in this current market because if it suddenly changed then it suddenly dropped so lots of people will disappointed right the situation is happening so if it slow and steady developed only we can make better profit using our investment.

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May 16, 2019, 11:25:08 PM
 #186

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?




I don't believe on that opinion if bitcoin boom or reach $100k  altcoins die, in own opinion possible if bitcoin price at $100k at the market cap altcoin will follow to raised and become useful in trading.
Let's talk for the reality that's speculation as now is very impossible to reach even do bitcoin starting to uprising their price at the recent days $20k or upto $30k that amount possible to reach before end of this year if the bullish continue to increase.
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May 16, 2019, 11:27:33 PM
 #187

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?


my opinion is it really not affected any type of altcoins while it developed because there is no connection between them but if people give the more attraction for Bitcoin only then the price truffle happened this is the chances available for price drop
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May 16, 2019, 11:33:29 PM
 #188

The altcoin that will die is for the weak altcoin that doesn't have good support from the developer and the community, and it does not take too long to see that altcoin will disappear from the market.
There are too many altcoins that have the potential to disappear in the market especially if bitcoin increase to the higher price and that will clear bad altcoin from the market.
And for the strong altcoin, it will down too, but that altcoin will not disappear because if bitcoin has stable in any price, the altcoin will follow to increase, and that will make potential altcoin to break the higher price.

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May 16, 2019, 11:33:40 PM
 #189

Naa....he's basing his argument on the fact that people will sell all their ALTs for Bitcoins but let's not forget that if Bitcoin breaks the ATH line, the mainstream would be in by then and hence there will be new inflow so veterans would stop dumping. We're now seeing the ALT massacre because mainstream aren't in yet and hence those already in are doing the to-and-fro coin movements.

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May 16, 2019, 11:45:08 PM
 #190

Bitcoin Boom to $100K Will Destroy Altcoins, Predicts Crypto Firm – BTC, Ethereum, XRP, Litecoin Forecasts

A crypto venture capital firm led by Wall Street veteran Max Keiser says Bitcoin will rise to $100,000 at the expense of all other crypto assets.

https://dailyhodl.com/2019/05/06/bitcoin-boom-to-100k-will-destroy-altcoins-predicts-crypto-firm-btc-ethereum-xrp-litecoin-forecast/

I think only some useless altcoins will die.

Do you think all altcoins will die if bitcoin reach $100k?


it is in the number one position of Crypto field so it can be do anything in this world and we expecting a little development only but the possibility from the Bitcoin is more the times our expectation so we don't worry about the future while we are invested now it will always giving the success value.
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May 17, 2019, 01:49:22 AM
 #191

I don't know how can Bitcoin high price can destroy the altcoins. But which are bad or shit altcoins, they will be wiped out for sure. Otherwise, good potential altcoins will have a bright future too with the BTC! People will not invest in every altcoin, they will put their bet on Bitcoin always and that time only strong potential altcoin will be improving! So, we can't disagree with this prediction!

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May 17, 2019, 02:03:30 AM
 #192

it is in the number one position of Crypto field so it can be do anything in this world and we expecting a little development only but the possibility from the Bitcoin is more the times our expectation so we don't worry about the future while we are invested now it will always giving the success value.
stay alert, although now the movement of bitcoin looks good, but I don't see the value of bitcoin being stable. Bitcoin price movements are still very fast, every increase of bitcoin will be followed by a decline. if you invest in long-term bitcoin, stay alert to the market conditions.

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May 17, 2019, 02:11:24 AM
 #193

Now adays some altcoin or token is die / destroy because is useless not because bitcoin price, so many coin from ICO 2017-2018 dont have valued price even ethereum price now grow more than 30 percent..
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May 17, 2019, 02:12:58 AM
 #194

I think only some useless altcoins will die.
Do you think all altcoins will die if bitcoin reach $100k?
I don't know what kind of aspect when said  useless altcoin. Some of altcoin many kind of aspect like, economic, influencer, finance, tech and anything. all of them usefull when altcoin to apply one. when bitcoin reach 100k, no problem with altcoin, it will be followed.

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cunguks
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May 17, 2019, 02:32:59 AM
 #195

I don't know what kind of aspect when said  useless altcoin. Some of altcoin many kind of aspect like, economic, influencer, finance, tech and anything. all of them usefull when altcoin to apply one. when bitcoin reach 100k, no problem with altcoin, it will be followed.
even some altcoins have better growth than bitcoin. if the small capital investment is possible the altcoin is the best choice, because to be able to invest in bitcoin need more capital. bitcoin and altcoin have their own markets and they also have their own growth, we cannot judge so simply.

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May 17, 2019, 08:21:03 AM
 #196

I think only some useless altcoins will die.
Do you think all altcoins will die if bitcoin reach $100k?
I don't know what kind of aspect when said  useless altcoin. Some of altcoin many kind of aspect like, economic, influencer, finance, tech and anything. all of them usefull when altcoin to apply one. when bitcoin reach 100k, no problem with altcoin, it will be followed.
Many of the altcoins that we have in cryptocurrency market are taking the advantage of bitcoin growth to move upwards too and therefore,  I disagree with the idea that when bitcoin is growing other altcoins will died. We have many coins that are there to resolve some economic problems we are having currently and as such in future what happened to bitcoin may not really affect them.
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May 17, 2019, 02:06:56 PM
 #197

In my opinion there is no influence that bitcoin grows higher than now does not affect the altcoin dies, if altcoin dies that there are no investors who want to buy these altcoins, altcoin can die also no development from the team, and stop road maps.
kalstarzz
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May 17, 2019, 04:46:05 PM
 #198

I don't think all altcoins will die, I think altcoin that will die are only altcoins who don't have the seriousness in advancing the crypto. but if they have that seriousness they will do a lot when they see bitcoin reaching 100k.
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May 17, 2019, 04:50:02 PM
 #199

I don't think all altcoins will die, I think altcoin that will die are only altcoins who don't have the seriousness in advancing the crypto. but if they have that seriousness they will do a lot when they see bitcoin reaching 100k.
there are several possibilities that can occur. maybe those who have difficulties in raising prices can follow the growth that occurs in bitcoin. or maybe they won't get any effect. because if bitcoin grows very expensive, it may be that many altcoins are growing too high.
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May 17, 2019, 05:12:22 PM
 #200

Going by 2017 bull market history, do not think bitcoin going to $100K is bad for altcoins. Most altcoins should do very well in such a bullish market. Some bad projects closed down in 2018 but that is not unexpected.
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